Continuing with our small amounts are important series, we have a new giveaway. We changed things up a bit and will be giving one $25 prize, as well as five $5 prizes. One of the ways to enter is to leave a comment on how you save small amounts of money, and I would love to hear about it:
I’m a huge fan of finding ways to save money, especially if they don’t take much time or effort. A lot of the things we do are done purely by habit, and those habits can end up costing us a lot more than they need to. While a lot of people assume that saving money is a lengthy and painful process, the truth is that a lot of simply savings strategies can be accomplished with little time or effort, and can add up to big savings over time. it’s simply a matter of identifying the places where you can save and make a change if it isn’t too much trouble.
I think one of the surprising small money saving strategies that’s worked for me was getting a 10 minute timer. I had heard about it and I was skeptical whether it would work for me. While I figured there were are a lot of productivity benefits, I wasn’t sure if it would actually save me money. it didn’t take long for it to pay for itself.
I am one of those people who gets lost thinking in the shower and can spend a lot of time there without even realizing it. Hour long showers were not uncommon. I have a 10 minute timer exclusively in the bathroom that I set when I go in to make sure I don’t spend a half hour or more using hot water. While the timer did cost me a couple of dollars as an initial investment, the money I save on the water bill and gas bill (for heating the shower water) has been hundreds of dollars each year.
It really doesn’t have to be a big change (or difficult one) to make an impact. I never planned the long showers, but simply got to thinking and ended up being in there far longer than I always planned. The timer reminds me that I can think just as well outside the shower and saves me money in the process.
What are some of the little things that you do which save money?
If you’re a blogger and would like to participate in these giveaways, you can find out more information here.
(Photo courtesy of Cubosh)